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Collagen Supplement Market Size By Source (Bovine, Marine, Porcine, Others), By Form (Pills & Gummies, Drink/ Liquid, Powder), By Distribution Channel (Pharmacy, Online Stores, Specialty Stores), By Application & Forecast, 2023-2032

  • Report ID: GMI5318
  • Published Date: Feb 2023
  • Report Format: PDF

Collagen Supplement Market Size

Collagen Supplement Market size surpassed USD 1 billion in in 2022 and is projected to expand at more than 6.5% CAGR from 2023 to 2032, driven by rising product penetration in the food & beverage sector in emerging countries.

The growing demand for collagen-based additives in food products on account of increasing knowledge of the benefits of collagen has boosted product adoption. Furthermore, the positive inclination of wellness brands in collagen for their business expansion is set to fuel product demand. For instance, in February 2022, Nestle Health, a nutritional science company under food & beverage giant Nestle SE, acquired the largest collagen production brand, Vital Protein.

Collagen Supplement Market

The burgeoning demand for dietary supplements is also pushing industry growth. Mounting health consciousness is bolstering the adoption of alternatives to boost their immune systems. These dietary supplements help in fulfilling the average requirement of vitamins in their body. Moreover, the mounting approval of regulatory agencies is encouraging people to trust these additives, resulting in increased product sales. Recently, the U.S. FDA approved Wasabi leaf, as a new dietary ingredient that increases collagen synthesis, opening gates for domestic collagen brands to introduce vegan products.

Growing veganism trend may restrain industry progression

The gradual popularity of veganism is impeding collagen supplement market growth. The pandemic also led to a consumer behavioral shift, encouraging people to either reduce or cancel animal-based products buying. As per a report by the Vegan Society, 1 in 4 British people reduced their animal product consumption during the COVID-19 pandemic, which is expected to rise in the coming years. Nonetheless, rising awareness among industry participants regarding the demand dynamics is likely to help them launch new vegan collagen products, such as the Beauty Glow, a 100% vegan product by skincare product manufacturer ZENii London.

Collagen Supplement Market Analysis

Collagen Supplement Market Share by Source

In terms of source, the collagen supplement market from bovine segment is slated to garner a revenue of over USD 1 billion by 2032. The easy availability and advantages of these supplements for ortho disorders, including osteoporosis and scoliosis, are promoting the demand for bovine-sourced collagen. Additionally, the booming cattle industry across the world is anticipated to stimulate segment growth.

The nutraceuticals segment in the collagen supplement market is predicted to reach a valuation of USD 800 million by 2032. The surging awareness regarding the benefits of nutraceutical collagen for skin, such as strong bones, elasticity & hydration, resilience, and so on, is foreseen to foster product adoption. In a recent study, nutraceutical collagen peptides demonstrated an excellent ability to support cutaneous wound closure in Vitro, posing as a novel therapeutic approach for managing such wounds in young and elderly people.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of collagen supplement exceeded USD 1 billion in 2022 and is set to witness at 6.5% gains from through 2032, owing to the cumulative utilization of collagen supplements in the food & beverage sector.

The nutraceuticals application segment valuation is primed to reach USD 800 million by 2032 due to the surging awareness regarding nutraceutical collagen benefits for skin, such as strong bones, elasticity & hydration, resilience, and so on.

The bovine segment is poised to garner a revenue of more than USD 1 billion by the end of 2032 as a result of its easy availability and advantages for ortho disorders including osteoporosis and scoliosis.

The North America industry is slated to attain a valuation of USD 950 million by the end of 2032 attributed to the growing number of geriatric patients, especially in the U.S. has promoted the consumption of collagen supplements.

Collagen Supplement Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 553
  • Countries covered: 17
  • Pages: 450
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